- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0038014

Aasritha Chit Fund Private Limited
About Aasritha Chit Fund Private Limited
Data last updated:
Aasritha Chit Fund Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 05 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1997PTC027254. Its GSTIN is 36AABCA7220J1ZV (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.4 Lakh. It is led by directors including Krishna Nomula (Managing Director) and Indrani Nomula.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 16 – 2 – 1105/10/A/B 4th Floor Near Super Bazar Bus Stop Malakpet, Hyderabad, Telangana, India – 500036.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.07 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹61.99 Lakh (net margin 10.2%) and EBITDA of ₹1.09 Cr (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.89 Cr and satisfied charges of ₹72 Lakh on record. Court records list 793 cases involving the company, including 745 filed by the company and 48 filed against it; 102 cases are pending.
Aasritha Chit Fund Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0038014). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Aasritha Chit Fund has one previous CIN (Corporate Identification Number): U65992AP1997PTC027254. The current CIN is U65992TG1997PTC027254, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1997PTC027254 | Current |
| U65992AP1997PTC027254 | Previous |
Recognitions & Rankings of Aasritha Chit Fund
Contact details
Aasritha Chit Fund Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address16 – 2 – 1105/10/A/B 4th Floor Near Super Bazar Bus Stop Malakpet, Hyderabad, Telangana, India – 500036
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Aasritha Chit Fund Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Aasritha Chit Fund is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Aasritha Chit Fund Private Limited, buy the company report.
Financials of Aasritha Chit Fund Private Limited
FY 2024 filings availableAasritha Chit Fund Private Limited reported revenue of ₹6.07 Cr (down 1% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 13% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.09 Cr | ||||
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| Net Profit (PAT) | ₹61.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | ||||
| Net Profit Margin | 10.2% | ||||
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To see the full financial statements and ratios of Aasritha Chit Fund Private Limited, buy the company report.
Board of directors of Aasritha Chit Fund Private Limited
Aasritha Chit Fund has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indrani Nomula | Director | 01 Apr 2002 | 24 Years 6 Months | Current |
| Krishna Nomula | Managing Director | 01 Apr 2002 | 24 Years 6 Months | Current |
| Sowjanya Pamaiahgari | Additional Director | 12 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Aasritha Chit Fund Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M.C.I.(Bangalore) Chits Limited | ₹6.38 Cr (FY 2023) | 36.0% | Bangalore, Karnataka, India | |||
| Nedumparambil Nidhi Limited | ₹6.19 Cr (FY 2022) | 10.0% | Tiruvalla, Kerala, India | |||
| GR Chits Private Limited | ₹6.11 Cr (FY 2025) | 1.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Aasritha Chit Fund Private Limitedthis company | ₹6.07 Cr (FY 2021) | ₹61.99 Lakh | 10.2% | -1.0% | 21 | Hyderabad, Telangana, India |
| Kalpana Sahu Mutual Benefit Nidhi Limited | ₹6.06 Cr (FY 2024) | 39.0% | Lucknow, Uttar Pradesh, India | |||
| Bilva Chits Private Limited | ₹6.02 Cr (FY 2025) | 697.0% | Secunderabad, Telangana, India | |||
| Rao Brothers Chit-Fund Pvt Ltd | ₹5.97 Cr (FY 2025) | -2.0% | Telangana, India | |||
| Bihar State Minorities Financial Corporation Limited | ₹5.91 Cr (FY 2018) | 70.0% | Patna, Bihar, India |
To see the full peer comparison of Aasritha Chit Fund Private Limited, buy the company report.
Auditor
Aasritha Chit Fund Private Limited is audited by SIVAIAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVAIAH & CO | FY 2020 | 007019S |
Shareholding
The shareholding of Aasritha Chit Fund Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aasritha Chit Fund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2024 | 100965036 | Hdfc Bank Limited | ₹29.69 Lakh | Open | |
| 13 Feb 2023 | 100696885 | Hdfc Bank Limited | ₹46.54 Lakh | Open | |
| 14 Jan 2022 | 100529503 | City Union Bank Limited | ₹2 Cr | Open | |
| 07 Jan 2021 | 100580016 | Hdfc Bank Limited | ₹12.4 Lakh | Open | |
| 28 Jan 2019 | 100235759 | Lakshmi Vilas Bank Limited | ₹72 Lakh | Satisfied |
To see the full charge records of Aasritha Chit Fund Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Aasritha Chit Fund Private Limited has 793 court cases on record: 745 filed by Aasritha Chit Fund, 48 filed against it. 102 cases are pending and 691 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 743 | 9 | 86 |
| High courts | 50 | 39 | 16 |
Cases on record (5 of 793)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Execution petition | Filed by the company against Dwaraka Rolling Shutters Pvt Ltd and 2 others | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Aasritha Chit Fund Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aasritha Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aasritha Chit Fund Private Limited has a workforce of 21 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Aasritha Chit Fund has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCA7220J1ZV | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aasritha Chit Fund Private Limited, buy the company report.
Recent activity
Aasritha Chit Fund Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Sowjanya Pamaiahgari was appointed as Additional Director on 12 Jun 2024.
Frequently asked questions
Aasritha Chit Fund is an active private limited company based in Hyderabad, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 05 June 1997 (29+ years old) and is registered under CIN U65992TG1997PTC027254.
Aasritha Chit Fund has 3 current directors:
- Krishna Nomula - Managing Director
- Indrani Nomula - Director
- Sowjanya Pamaiahgari - Additional Director
The latest financial statements of Aasritha Chit Fund on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Aasritha Chit Fund is 36AABCA7220J1ZV, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Aasritha Chit Fund is U65992TG1997PTC027254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aasritha Chit Fund has 793 court cases on record: 745 filed by the company and 48 filed against it. 102 are pending. Most are in the district courts.
Aasritha Chit Fund was incorporated on 05 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Aasritha Chit Fund by revenue are M.C.I.(Bangalore) Chits Limited, Nedumparambil Nidhi Limited, GR Chits Private Limited, Kalpana Sahu Mutual Benefit Nidhi Limited, Bilva Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Sowjanya Pamaiahgari was appointed as Additional Director on 12 Jun 2024. Indrani Nomula was appointed as Director on 01 Apr 2002. Krishna Nomula was appointed as Managing Director on 01 Apr 2002.
Yes, Aasritha Chit Fund is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0038014).
The registered office of Aasritha Chit Fund is at 16 – 2 – 110510AB 4th Floor Near Super Bazar Bus Stop Malakpet, Hyderabad, Telangana, India – 500036.